Savvy Trades and Investments

[cliffvb]

MU Wade, What makes you think the cycle is over?

Dram prices are very close to record levels. Most industry experts see further price increases coming as well.

Unlike the previous cycle, there are now only 3 major manufacturers of Dram: MU, Samsung, and SK Hynix. All plan only moderate increases in production. Secular demand is growing faster.

2 years minimum before China becomes a factor and then only if they steal the current technology.

Nand chips likely have peaked but they are only 28% of MU's sales and an even smaller percentage of profits.